Ireland:
Temporary Permissions Regime (TPR) Update
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The Financial Conduct Authority
("FCA") confirmed on Friday 24 May the
notification window for funds wanting to avail of the Temporary
Permissions Regime ("TPR") will be
extended until 30 October 2019. Any fund managers, as a result of
this extension, that wish to update their existing notification
should email recognisedcis@fca.org.uk
by the end of 16 October 2019.
Fund managers should note, while they can create new draft
notifications on the FCA's Connect system to monitor their fund
population, they will not be able to actually submit an updated
notification until after 16 October 2019.
If you have any questions or concerns relating to this update
and/or the temporary permissions regime, please do not hesitate to
contact your usual Walkers contact.
For more information, visit: https://www.fca.org.uk/brexit/temporary-permissions-regime
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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To The Point: Financial Regulation | 03/2024
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Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.